Dollar in Peru: What is the exchange rate for today, Sunday December 4

The dollar price The US in Peru is trading higher this Sunday, December 4, while investors remain attentive to the decision that Congress will take next week on the vacancy motion against President Pedro Castillo.

The exchange rate began the day at S/ 3.8326 per dollar, an increase of 0.09% compared to Friday’s close of S/ 3.829, according to the Bloomberg agency.

So far this year, the greenback has accumulated a 4.06% decline compared to the last price of 2021, at S/ 3,991.

In the parallel market or the main exchange houses, the dollar is bought at S/ 3.82 and sold at S/ 3.86, according to data from the portal cuantoestaeldolar.pe.

In Peru, the plenary session of Congress approved on Thursday – with 73 votes in favor, 32 against and six abstentions – the admission to process of the presidential vacancy against President Pedro Castillo. The debate and the final vote will be next Wednesday, December 7.

The vacancy motion is the third that Castillo faces in his term as President of the Republic. It has more than 100 pages that seek to support the reasons that the president has incurred “permanent moral incapacity.”

For its part, the OAS high-level group presented its preliminary report on the political situation in Peru before the Permanent Council of said supranational body and concluded that Peru’s “democratic institutionality” “is at risk” due to the political environment. highly polarized.

Globally, investors were betting on a slower rise in interest rates in the United States and an easing of controls in China due to COVID-19 that would improve the outlook for demand, Reuters reported.